57 m. ago Ceasefire prospects, joint drone production and strengthening air defences on table in US talks, Ukraine says – Europe live

Ukraine president says he had ‘productive’ meeting with US envoy with Trump announcement on Russia due to come later todayUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Events

2 h. ago Strengthening air defences, sanctions against Russia and procurement of weapons all on table in US talks, Zelenskyy says – Europe live

Ukraine president says he had ‘productive’ meeting with US envoy with Trump announcement on Russia due to come later todayUkrainian intelligence agents killed members of a Russian secret service cell wanted on suspicion of having shot dead a colonel last week, the SBU said.The SBU intelligence agency said in a statement that the operation had sought the arrest of the agents of Russia’s Federal Security Service (FSB), who it believes were behind the killing of Col Ivan Voronych – also a member of the SBU security service – in Kyiv on Thursday. Continue reading...

Society

5 h. ago EU scrambles to respond to US tariff threat as Trump promises ‘major statement’ on Russia – Europe live

EU ministers meet for urgent talks after US president threatens 30% tariffs on blocA show of unity is expected publicly with German chancellor Friedrich Merz saying he will work “intensively” with Emmanuel Macron, Ursula von der Leyen and Trump to try and rescue the agreement in principle that was put on Trump’s desk last week involving tariffs of 10%. Over the past three months Germany has urged a quick UK style deal while Macron has favoured a tougher stance to face down Trump, given average tariffs before his presidency were 2.5% and they breach WTO rules.The EU’s continued and future reliance on the US for security and defence is influencing the position with member states accepting a trade off between business and arms and military intelligence Trump provides.If stock markets fall that puts at risk the pensions and the savings of the Americans. Continue reading...

Politics

6 h. ago Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.Donald Trump’s threat to impose a 30% on European Union imports from next month is weighing on European stock markets this morning.Most of Europe’s markets have dropped at the start of trading, pulling the pan-European Stoxx 600 index down by 0.6%.Inadvertently or otherwise the President is testing the market’s patience. At a time when investors had seemingly brushed aside the likelihood of the base line of tariffs settling at 10%, the new pronouncements suggest a level of between 15% and 20% being the norm, with additionally punitive numbers on the likes of Canada at 35% adding to the uncertainty.The so-called “TACO” trade will therefore be tested again, with markets drifting in the US on Friday and futures currently suggesting a similar fall today. In addition, and as the new 1 August extension approaches, nerves are likely to jangle. Continue readi...

Economics

20 h. ago Chelsea v PSG – Club World Cup final live: Team news as Blues try to make history against European champions

Enzo Maresca’s Chelsea can earn themselves a massive payday with victory over Luis Enrique’s all-conquering Paris Saint-Germain in the revamped Club World Cup final

Sport

20 h. ago Chelsea v PSG – Club World Cup final live: Underdog Blues try to make history against European champions

Enzo Maresca’s Chelsea can earn themselves a massive payday with victory over Luis Enrique’s all-conquering Paris Saint-Germain in the revamped Club World Cup final

Sport

3 d. ago FTSE 100 LIVE: London flat and Europe lower on renewed tariff threats for Canada and EU

FTSE 100 LIVE: London flat and Europe lower on renewed tariff threats for Canada and EU  Yahoo

Events

3 d. ago Zelenskyy says he has received positive signals from US over resumption of military aid – Europe live

Ukraine president says he has held constructive talks with Trump and that European allies will help pay for Patriot systemsZelenskyy also repeatedly thanks partners for their help so far, saying it is thanks to their help it was able to start building a modern air force.“We’ve done it in record time. No other country has switched from Soviet aircraft to F-16 and Mirages this quickly,” he says.I urge all our partners: increase your investments when Russia increases its attacks. Continue reading...

Events

4 d. ago Starmer and Macron urge allies to increase pressure on Putin after ‘frank’ talks between US and Russia on Ukraine – Europe live

Leaders of UK and France call for fresh sanctions on Moscow after Marco Rubio and Sergei Lavrov hold ‘important’ conversationZelenskyy also repeatedly thanks partners for their help so far, saying it is thanks to their help it was able to start building a modern air force.“We’ve done it in record time. No other country has switched from Soviet aircraft to F-16 and Mirages this quickly,” he says.I urge all our partners: increase your investments when Russia increases its attacks. Continue reading...

Politics

4 d. ago US disappointed and frustrated by lack of progress on Ukraine, Rubio tells Russia’s Lavrov in ‘frank’ exchange – Europe live

US secretary of state has ‘substantive and frank’ conversation with Russian foreign minister over situation in UkraineZelenskyy also repeatedly thanks partners for their help so far, saying it is thanks to their help it was able to start building a modern air force.“We’ve done it in record time. No other country has switched from Soviet aircraft to F-16 and Mirages this quickly,” he says.I urge all our partners: increase your investments when Russia increases its attacks. Continue reading...

Politics

4 d. ago Russia’s frozen assets must be used to rebuild Ukraine, says Zelenskyy, as he hits out at ‘terrorism’ of daily attacks – Europe live

Kyiv said Russia launched around 400 drones and 18 missiles against Ukraine overnightZelenskyy also repeatedly thanks partners for their help so far, saying it is thanks to their help it was able to start building a modern air force.“We’ve done it in record time. No other country has switched from Soviet aircraft to F-16 and Mirages this quickly,” he says.I urge all our partners: increase your investments when Russia increases its attacks. Continue reading...

Events

4 d. ago PSG vs Real Madrid live: Reaction as European champions demolish Madrid to seal Club World Cup final spot

PSG 4-0 Real Madrid: Dazzling first-half display sees Parisians wrap up famous win over Los Blancos

Society

4 d. ago PSG vs Real Madrid live: Latest updates as Fabian Ruiz brace puts European champions in control

Two European giants face off with a place in the Club World Cup finals at stake in New Jersey

Sport

4 d. ago PSG vs Real Madrid live: Latest updates as Ousmane Dembele doubles European champions’ lead

Two European giants face off with a place in the Club World Cup finals at stake in New Jersey

Politics

5 d. ago Pope offers to hold talks with Russia after meeting Zelenskyy – Europe live

Vatican statement said the pair ‘discussed the ongoing conflict and the urgent need for a just and lasting peace’Following a similar decision by Germany yesterday, the European Union has also summoned the Chinese ambassador following an incident in which China’s military allegedly targeted a German aircraft with a laser during an EU security mission in the Red Sea, Reuters reported.“The Chinese military’s use of a laser to target a German aircraft patrolling with EU Operation ASPIDES in the Red Sea is dangerous and unacceptable,” said Anouar El Anouni, spokesperson for the EU’s Foreign and Security Policy.This act put personnel at risk and compromised the aircraft’s mission. Continue reading...

Politics

5 d. ago Bank of England says UK banks can increase riskier mortgage lending – business live

Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loansCopper prices in US hit record high after Trump announces 50% tariffTrump threatens to escalate trade war amid confusion over new tariff ratesCarsten Menke, Head of Next Generation Research at Julius Baer, says the copper tariffs will be inflationary domestically in the US and deflationary internationally – which matches the price action we’ve seen since last night.Menke also points out that the jump in US copper prices (13% yesterday) is less than the 50% tariff, implying traders expect some imports will be exempt, saying:President Trump announced the imposition of 50% import tariffs at a cabinet meeting yesterday. While US-traded futures jumped on the news, the price differential is well below the tariff level, pointing to expectations of exemptions for key suppliers or expectations of different demand dynamics.As already mentioned, we remain of the con...

Economics

5 d. ago Russia launches major attack on Ukraine after Trump’s criticism of Putin – Europe live

Ukrainian president Volodymyr Zelenskyy said Russia attempted to strike 741 targets with 728 drones and 13 missilesVon der Leyen also spoke about the prospects for the EU-US tariff deal after last night’s comments by Trump that a US proposal should be ready within the next two days.She said the US imposed tariffs were “unprecedented,” and insisted the bloc preferred “a negotiated solution” to avoid them in the future. Continue reading...

Politics

5 d. ago Macron warns against Europe’s excessive dependency on US, China – Europe live

French president Emmanuel Macron is in the UK for a state visitDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Events

5 d. ago Marseille airport cancels all flights as wildfire encroaches on city

Authorities urge residents to stay indoors and say 720 firefighters battling blaze Europe live – latest updatesA fast-moving wildfire fanned by gale-force winds has forced Marseille airport to cancel all flights and was encroaching on France’s second-largest city, officials said, as firefighters around the Mediterranean battled blazes sparked by an intense heatwave.The prefecture of the Provence-Alpes-Côtes d’Azur region issued an alert on Tuesday urging inhabitants of Marseille’s 16th arrondissement to stay indoors, close doors and shutters and hang wet laundry around openings to avoid the risk of smoke inhalation. Continue reading...

Events

5 d. ago Marseille airport suspends flights due to wildfire as residents warned to clear the streets – Europe live

Local authorities warned residents to stay inside and leave streets clear as they said the wildfire was moving towards the cityDanish prime minister Mette Frederiksen is now giving a major speech in the European parliament, outlining Denmark’s priorities for the EU as it takes the rotating presidency of the Council of the European Union.Opening, she warns that “Europe is facing the greatest challenges since the 1940s,” as she lists a growing lists of urgent issues, with Russia’s aggression on Ukraine, migration, the Middle East, trade, and terrorism.“The threats may be many, and they are indeed serious, but I have trust in Europe.Trust that we can move our continent forward, build a more secure Europe, a greener and more competitive Europe, a new Europe of tomorrow with possibilities and welfare for our citizens, but only if we remember what we are capable of, what our societies are built upon, and who we really are as Europeans.” Continue reading...

Events